Posted on March 2, 2009 at 2:20 in Uncategorized by Curt Wehrley
If recent patterns hold tomorrow, the latest measures of the health of the U.S. and U.K manufacturing sectors will not likely provoke a move conducive to a profitable news scalp. Nevertheless, traders should not ignore the U.K. manufacturing PMI or U.S. ISM manufacturing reports. Q4 2008 earnings from AIG, expected to report the worst single quarterly loss ever by any company, should also keep traders on their toes during the first trading day of a busy week.
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